Fed slashes rates again, crypto markets brace for big moves
The US Federal Reserve lowered rates by 25 basis points, fueling speculation of more cuts and a potential liquidity boost for cryptocurrencies.
The U.S. Federal Reserve has cut its benchmark interest rate by 25 basis points, setting a new range between 4% and 4.25%. The decision, approved by 11 of 12 members of the Federal Open Market Committee (FOMC), reflects signs of slowing job growth, higher unemployment, and persistent inflation.
This is the Fed’s fourth cut since late 2024, with two more expected before the end of 2025. President Donald Trump has repeatedly pressured the central bank for more aggressive action, even suggesting removing Fed Chairman Jerome Powell. Earlier this week, Trump said the Fed…
